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The Political Economy of the Tariff Cycle

Bibliographic Data

ID3576239
AuthorsJames Cassing (0000-0002-9449-9548, University of Pittsburgh), Timothy J Mckeown (0000-0002-3947-3409, University of North Carolina at Chapel Hill), Jack Ochs (University of Pittsburgh)
Year1986
Volume80
Issue3
Pages843-862
Publication date1986-09-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAmerican Political Science Review (JOURNAL)
Journal identifiersISSN: 0003-0554 • E-ISSN: 1537-5943
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.2307/1960541
OpenAlexW2000536403
LanguageEN
Citations received49
References cited28

How can protectionism and "free" trade succeed one another? Our answer focuses on the changing balance of private actors' political demands. These actors acquire interests in tariff policies because their assets are spatially concentrated, and trade in these assets is subject to various limitations. Actors in regions experiencing no new investment in an established industry ("old" regions) have interests that sometimes differ from those in regions where there is new investment. We show that old regions have no reason to be involved in tariff politics at business cycle peaks; during troughs, whether a state becomes more or less protectionist depends, ceteris paribus, on the relative political strength of old import-competing and old exporting interests. If old import-competing industries outweigh the old exporters, then protection will tend to increase at the trough and decrease at the peak of a business cycle; the opposite result occurs when old exporters are more influential

Balance (ability · Business cycle · Ceteris paribus · Economics · International economics · International trade · Investment (military · Macroeconomics · Market economy · Microeconomics · Political science · Politics · Protectionism · Tariff · Fiscal Policy and Economic Growth · Global trade and economics · Law · Local Government Finance and Decentralization

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Unique citing works49
Citations per year1,23
Citation span1986 - 2025 (40)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 48

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